IDEAS home Printed from https://ideas.repec.org/a/bla/kyklos/v35y1982i1p39-52.html
   My bibliography  Save this article

Anti‐Inflation Incentives

Author

Listed:
  • Abba Lerner
  • David Colander

Abstract

Inflation occurs because individuals have an incentive to raise prices. The key issue of anti‐inflation policy is to choose the appropriate incentive to stop inflation. Monetary policy works through the hunger incentive and it is no longer effective because society no longer allows the hunger incentive to work. This paper argues that the appropriate incentives to stop inflation are market incentives. These market incentives can be built into society through the introduction of an incentive anti‐inflation plan such as the authors’ MAP proposal or its TIP counterparts.

Suggested Citation

  • Abba Lerner & David Colander, 1982. "Anti‐Inflation Incentives," Kyklos, Wiley Blackwell, vol. 35(1), pages 39-52, February.
    • Handle: RePEc:bla:kyklos:v:35:y:1982:i:1:p:39-52
    DOI: 10.1111/j.1467-6435.1982.tb01214.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-6435.1982.tb01214.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-6435.1982.tb01214.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kenneth J. Koford & Jeffrey B. Miller & David C. Colander, 1993. "Application of Market Anti-inflation Plans in the Transition to a Market Economy," Eastern Economic Journal, Eastern Economic Association, vol. 19(3), pages 379-393, Summer.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:kyklos:v:35:y:1982:i:1:p:39-52. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.